PDCA (plan–do–check–act or plan–do–check–adjust) is an iterative four-step management method used in business for the control and continuous improvement of processes and products.^[1] It is also known as the Deming Circle/Cycle/Wheel, the Shewhart Cycle, the control circle/cycle, or plan–do–study–act (PDSA). Another version of this PDCA cycle is OPDCA. The added “O” stands for observation or as some versions say: “Observe the current condition.” This emphasis on observation and current condition has currency with the literature on lean manufacturing and the Toyota Production System. The PDCA cycle, with Ishikawa’s changes, can be traced back to S. Mizuno of the Tokyo Institute of Technology in 1959.

Reference:
https://en.wikipedia.org/wiki/PDCA